Power management integrated circuits (PMICs) is an electronic device, which is used to control and manage power in an effective manner. These integrated circuits are commonly used in any consumer electronics device including portable media players, medical equipment, mobile phones, wearable devices, and others. Furthermore, power management ICs find application in consumer electronics, automobiles, industrial, healthcare, and telecommunication sectors.

Market Dynamics:

Rising demand for electrification in the automotive industry is one of major factor that is expected to boost the market growth over the forecast period. Market players are adopting strategies such as partnership for development of connected vehicles. For instance, in September 2019, Qualcomm Technologies Inc., a subsidiary of Qualcomm Incorporated, entered into partnership with Trimble Inc., for the development of high-accuracy positioning solutions for connected vehicles. This partnership will combine Trimble’s RTX technology with Qualcomm Snapdragon Automotive 5G and 4G platforms that will deliver highly accuracy positioning to maintain the lane position in order to improve the autonomous driving solutions and advanced driver-assistance systems (ADAS).

Furthermore, increasing need of energy- efficient battery powered devices is expected to boost demand for power management ICs. For instance, on December 17, 2020, MagnaChip, a South Korea-based Semiconductor Corporation, launched the first power management integrated circuits (PMICs) for laptops with Ultra High Definition display panels.

Key features of the study:

• This report provides an in-depth analysis of the global power management ICs market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global power management ICs market based on the following parameters– regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the global power management ICs market include Analog Devices Inc., Dialog Semiconductor PLC, Infineon Technologies AG, Maxim Integrated Products Inc., Mitsubishi Group, NXP Semiconductors, ON Semiconductor Corp., Renesas Electronics Corporation, STMicroelectronics N.V., Texas Instruments Inc., and Rohm Co Ltd.
• The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• Global power management ICs market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global power management ICs market

Detailed Segmentation:

• Global Power Management ICs Market, By Product Type:
  • Voltage Regulators
  • Motor Control IC
  • Integrated ASSP Power Management IC
  • Battery Management IC
  • Others
• Global Power Management ICs Market, By End User:
  • Automotive
  • Consumer Electronics
  • Industrial
  • Telecom & Networking
  • Others
• Global Power Management ICs Market, By Geography
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
• Company Profiles
  • Analog Devices Inc *
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
  • Dialog Semiconductor PLC
  • Infineon Technologies AG
  • Maxim Integrated Products Inc.
  • Mitsubishi Group
  • NXP Semiconductors
  • ON Semiconductor Corp.
  • Renesas Electronics Corporation
  • STMicroelectronics N.V.
  • Texas Instruments Inc.
  • Rohm Co Ltd.

*Browse all the market data tables and figures on “Global Power Management ICs Market- Forecast to 2030”